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Why is Dogecoin (DOGE) Rising? Price Analysis and Predictions

为什么狗狗币(DOGE)上涨?价格分析和预测

发布: 2023/07/21 22:30 阅读: 425

原文作者:COINTURK NEWS

原文来源:https://coinmarketcap.com/community/articles/64ba940dad22a005e4a60c09

Despite the general market turmoil, the king of meme coins turned its direction upwards today. But what was the reason behind this surge? While price increases excite investors, the short-term trajectory remains uncertain. So, what do the current technical readings indicate? How much will DOGE be worth?

尽管市场普遍动荡,模因币之王今天却转向了向上的方向。但这种激增背后的原因是什么?尽管价格上涨令投资者兴奋,但短期走势仍不确定。那么,当前的技术读数表明了什么? DOGE 值多少钱?

Dogecoin (DOGE)

狗狗币 (DOGE)

On the four-hour chart, the price managed to surpass the $0.075 horizontal resistance. Having visited the $0.066 region on July 14th and 18th, the price avoided deeper lows. The long tails during the declines indicate that bulls have been countering these sell-offs. The price, which formed a V-shaped recovery on July 20th, is now pushing the peak even higher. The reason behind today’s rise may be Musk‘s recent DOGE tweet.

在四小时图表上,价格成功突破了 0.075 美元的水平阻力位。在 7 月 14 日和 18 日访问 0.066 美元区域后,价格避免了更深的低点。下跌期间的长尾表明多头一直在反击这些抛售。价格在7月20日形成V形复苏,目前正在将峰值推得更高。今天上涨的原因可能是马斯克最近发布的 DOGE 推文。

The demand that started with the mischievous billionaire’s tweet may also be fueled by expectations of overall market recovery. Despite the decline in the US markets and concerns about the Fed meeting, some altcoins managed to attract buyers early on, even as Bitcoin experienced a sell-off.

从这位淘气的亿万富翁的推文开始的需求也可能受到整体市场复苏的预期的推动。尽管美国市场下跌以及对美联储会议的担忧,但一些山寨币在早期就成功吸引了买家,尽管比特币经历了抛售。

DOGE Price Prediction

DOGE价格预测

On the weekly chart, the price still appears to be completing the bottoming process. If it can see consistent closings above $0.078 on the long-term chart, we can talk about a steady rise. Subsequently, the price may target the $0.09 region from the week of April 17th. In the medium term, after $0.081 and $0.094, the $0.1 level will act as a psychological resistance.

在周线图上,价格似乎仍在完成触底过程。如果长期图表上收盘价持续高于 0.078 美元,我们就可以谈论稳步上涨。随后,从 4 月 17 日当周开始,价格可能会瞄准 0.09 美元区域。中期来看,在0.081美元和0.094美元之后,0.1美元水平将作为心理阻力位。

Since October, the price has closed above this critical level 7 times. However, more has not followed. We saw the most recent one at the beginning of April, and the price then dropped by nearly 50%. In the long term, the ongoing market recovery is expected to continue. Especially with the elimination of recession concerns expected in a few months, DOGE could bounce back to $0.2 and beyond, having found its true bottom after the levels of $0.1 and $0.15.

自10月份以来,价格已7次收于该临界水平之上。然而,更多的事情并没有随之而来。我们在四月初看到了最近的一次,然后价格下跌了近50%。从长远来看,市场复苏预计将持续下去。特别是随着经济衰退担忧预计在几个月内消除,DOGE 可能会反弹至 0.2 美元及以上,在 0.1 美元和 0.15 美元之后找到真正的底部。

The ultimate goal of the Dogecoin community is $1, but they will have to wait for the peak of the next bull season if it is to come. At the time of writing, DOGE is finding buyers at $0.075 and the RSI is close to the overbought zone. If we don’t see sudden sell-offs in the Bitcoin camp, the positive sentiment and a moderate yet steady rise will continue.

狗狗币社区的最终目标是 1 美元,但如果要到来,他们将不得不等待下一个牛市的高峰。截至撰写本文时,DOGE 在 0.075 美元处寻找买家,RSI 接近超买区域。如果我们没有看到比特币阵营突然遭到抛售,那么积极的情绪和温和而稳定的上涨将继续下去。

The post Why is Dogecoin (DOGE) Rising? Price Analysis and Predictions appeared first on COINTURK NEWS.

帖子为什么狗狗币(DOGE)上涨?价格分析和预测首先出现在 COINTURK NEWS 上。

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